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28 March 2024

Noor Bank appoints head of Group Strategy and Projects

Rajesh Sethi

Published
By Staff

Dubai-based Noor Bank has announced the appointment of Rajesh Sethi as Head of Group Strategy and Projects.

The bank said Rajesh is responsible for managing strategic growth projects for the Noor Investment Group. His mandate includes building and acquiring new business lines as part of the Group’s strategy to seek profitable and disciplined expansion opportunities.

Hussein Al Qemzi, Group Chief Executive Officer of Noor Investment Group and CEO of Noor Bank, said: “Rajesh has extensive experience in investment banking and insurance. He is well regarded in the industry for building and transforming businesses through strategy formulation, detailed execution and financial engineering. He also has a proven track record in building management teams and fostering a performance oriented culture while delivering risk-managed financial results. We are confident he will leverage these skills and qualities to elevate Noor from one of the region’s fastest growing banks into a leader in the Islamic finance and banking industry.”

Rajesh, an engineering graduate with a master’s degree in business administration, brings over 25 years of international experience to his role, including the past six years as CEO of prominent international insurance companies. He has worked in five countries in Asia and Europe across a number of global organisations including MetLife, ING Group, Merrill Lynch and ANZ Grindlays Bank.